Is facebook creating their own crypto?

[andrejka]

Heard a rumor that facebook  was thinking about launching their own crypto. What do you guys think about this?

Would also love your feedback on Algebraix. App that keeps your data private and pays you to watch ads. how do you think they will measure up to the advertising giants like facebook and google?

Yep, there exist such rumors. Such giants started to think crypto after Telegram launched their private ICO and acquired 1,7 billion dollars) I think companies like Facebook also wanted to raise some funds on the hype. But they are a little bit late...At least until Telegram coin will enter the market.

[hellyah070]

Heard a rumor that facebook  was thinking about launching their own crypto. What do you guys think about this?

Would also love your feedback on Algebraix. App that keeps your data private and pays you to watch ads. how do you think they will measure up to the advertising giants like facebook and google?

What would they call it in the future? FaceCoin? Well, I don't think they might even need cryptocurrency to operate their market. They have own ideas how to enable it.

[msbtrooper]

We are hearing it but we wait till it comes to reality. In my own opinion, it is a welcome development which can also help increase the number of the world population that trade and adopt cryptocurrency.

[$anounimus$]

I heard rumors it seems like Facebook really wants to make its own cryptocurrency and I'm sure that is good news they will start developing digital currency technology for wider use and can make it easier for Facebook users to make transactions.

[mrkavasaki]

there are some rumors about facebook and their cryptocurrency but I don't think it will be very popular among the users. may be it will be used for buying ads on the platform.

Why would people even use it to buy advertisement on their platform using their crypto currencies? First of all, if people use it for that purpose only, we can only imagine how low the value would. Secondly, would would they even make that and go through all those troubles? They could rather introduce other kinds of crypto currencies to be accepted as payment. This would do better to the community.

Electronic money is very volatile, so I am not sure that they are creating a coin for themselves to serve on advertising jobs on their platform. It will make their revenue level unstable, I think they only study blockchain and find a solution from the blockchain

[mudyak99]

Maybe their project will hardcap in ico because too many crypto user use facebook to promote their crypto

[nwosuchristabe2]

The idea of any establishment creating a cryptocurrency is not outlandish, if Facebook choose to be one of the few projects with a physical structure to utilize a digital currency for their business, that will help to boost the cryptocurrency space. I'm not sure of the authenticity of Facebook creating a cryptocurrency and don't think they will be creating any in the nearest future. Crytocurrency may be unnecessary to their business model.

[cichaescut]

There is no official announcement yet, but I hope it would become true. If Facebook would launch its own crypto currency, it would become the most famous crypto currency in the world within only several days.

[campusnet]

There is no official announcement yet, but I hope it would become true. If Facebook would launch its own crypto currency, it would become the most famous crypto currency in the world within only several days.

maybe that would be good news for the crypto market. but the news is not so clear and still very vague for us so it's a reference to making predictions. we can only wait for what happens, if it's true that Facebook comes to the crypto market, we can say welcome.

[jyotianand01]

This news is flaunting in the market from long but no confirmation of it from any end so it is just a rumor but if that happen then it is good for crypto market as Facebook has large community.

[harrypotpot]

Heard a rumor that facebook  was thinking about launching their own crypto. What do you guys think about this?

Would also love your feedback on Algebraix. App that keeps your data private and pays you to watch ads. how do you think they will measure up to the advertising giants like facebook and google?

If that so, are they going to ban all the advertisement on facebook that pertains to cryptocurrency and altcoins? Does that matter to them or they just let other cryptocurrency still be present to their platform?

[Nivelir]

This has been talked about in our forum for a very long time and the facebook developers have been talking about it, but for now I think it is moving, but not with as much force as we all would like.

[supine]

Heard a rumor that facebook  was thinking about launching their own crypto. What do you guys think about this?

Would also love your feedback on Algebraix. App that keeps your data private and pays you to watch ads. how do you think they will measure up to the advertising giants like facebook and google?

Well, it is not impossible for big companies such as google and facebook to adapt cryprocurrency on their system. Cryptocurrency is still growing and being developed as time goes by. In the future, it will be wodely used not just by people, but also companies.

[darefreads]

I think it is not really hard to them to create their own currency because they has the big popularity and I think they can easily get a better chance of getting more investors with it. And I think they can also make a the same success that they get in their platform with creating their own currency because as we can see Facebook today has many users that also a seller with their own products that if Facebook create their own currency it will be easier to the user to make a transactions.

[Coffeehot]

Welcome facebook to add encryption. It is the best encrypted ad. Bitcoin and other coins are also used by more people when facebook coins are widely used.

[nreal]

I also heard that Facebook is developing a currency for payment in Whatsapp application. companies like google, facebook if participating in this market, it is very good news

[seoincorporation]

I also heard that Facebook is developing a currency for payment in Whatsapp application. companies like google, facebook if participating in this market, it is very good news

You should give a source. Rumors are only that, and without a real source, this shit will stay a rumor.

After some googling i just find this: https://cointelegraph.com/news/bloomberg-facebook-is-developing-a-cryptocurrency-for-transfers-in-whatsapp

At the end it's true, Facebook really is working on his own crypto.

[dabenko]

I do not know when Facebook will lunch its own coin.
This might just be a rumour. Before I will accept that, then it would have been lunched first, but without that, I will still take it as a rumour.

[otong]

Heard a rumor that facebook  was thinking about launching their own crypto. What do you guys think about this?

Would also love your feedback on Algebraix. App that keeps your data private and pays you to watch ads. how do you think they will measure up to the advertising giants like facebook and google?

yes that might happen. because the longer crypto is needed in every country. the problem is crypto is a new technology that appears, and sometimes is in great demand by people. so Facebook makes crypto itself, for me it's natural. because Facebook wants to develop technology with new technology.

[robelneo]

Heard a rumor that facebook  was thinking about launching their own crypto. What do you guys think about this?

Would also love your feedback on Algebraix. App that keeps your data private and pays you to watch ads. how do you think they will measure up to the advertising giants like facebook and google?

They are just thinking and planning it will have to go to the board to approve it and there will be a lot of deliberation, but I believe they will eventually use blockchain, because every company small and big ones are or will going to integrate it to their system.